Consumer Defensive -
Beverages - Non-Alcoholic - OTC - US
$ 1.69
5.04 %
$ 76.7 M
Market Cap
-0.39
P/E
1. INTRINSIC VALUE
Balance Sheet
Reed's, Inc.
| Current Assets | 23.3 M |
| Cash & Short-Term Investments | 10.4 M |
| Receivables | 3.98 M |
| Other Current Assets | 8.94 M |
| Non-Current Assets | 1.83 M |
| Long-Term Investments | 0 |
| PP&E | 1.18 M |
| Other Non-Current Assets | 644 K |
| Current Liabilities | 17.7 M |
| Accounts Payable | 6.96 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 10.7 M |
| Non-Current Liabilities | 837 K |
| Long-Term Debt | 837 K |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Reed's, Inc.
| Revenue | 38 M |
| Cost Of Revenue | 26.6 M |
| Gross Profit | 11.4 M |
| Operating Expenses | 19.5 M |
| Operating Income | -8.12 M |
| Other Expenses | 5.04 M |
| Net Income | -13.2 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Reed's, Inc.
| Net Income | -13.2 M |
| Depreciation & Amortization | 125 K |
| Capital Expenditures | -152 K |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 0 |
| Others | 6.9 M |
| Free Cash Flow | -6.28 M |
Wall Street Analysts Price Targets
Reed's, Inc.
Wall Street analysts predict an average 1-year price target for REED of $1.75 , with forecasts ranging from
a
low of
$1.75 to a high of $1.75 .
REED Lowest Price Target
Wall Street Target
1.75 USD
3.55%
REED Average Price Target
Wall Street Target
1.75 USD
3.55%
REED Highest Price Target
Wall Street Target
1.75 USD
3.55%
4. DIVIDEND
ANALYSIS
REED does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Reed's, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
11.8 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
5.7 M USD 2
6-9 MONTHS
113 K USD 3
9-12 MONTHS
7. News
Reed's Announces Leadership and Board Updates
CEO Norman E. Snyder, Jr. to Retire; Cyril Wallace Appointed as CEO and Director; Ruud Bakker also Joins Board of Directors CEO Norman E. Snyder, Jr. to Retire; Cyril Wallace Appointed as CEO and Director; Ruud Bakker also Joins Board of Directors
globenewswire.com
- 2 weeks ago
3 Consumer Staples Stocks to Play Safe as Consumer Sentiment Hits a Low
It's safe to invest in the defensive sector stocks, such as consumer staples stocks like CSV, REED and BRBR during times of market volatility.
zacks.com
- 2 weeks ago
Reeds (REED) Upgraded to Buy: Here's Why
Reeds (REED) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
zacks.com
- 1 month ago
CORRECTING and REPLACING: Reed's Reports Fourth Quarter and Full Year 2024 Results
NORWALK, Conn., March 27, 2025 (GLOBE NEWSWIRE) -- The Company is issuing a corrected version of its fourth quarter and full year 2024 earnings press release to account for a $750,000 provision related to contract proceedings with a vendor, which impacted the previously reported selling, general and administrative expenses and operating loss. The corrected press release follows:
globenewswire.com
- 1 month ago
Reed's, Inc. (REED) Q4 2024 Earnings Call Transcript
Reed's, Inc. (OTCQX:REED) Q4 2024 Earnings Conference Call March 26, 2025 8:30 AM ET Company Participants Norman Snyder - CEO & Director Douglas McCurdy - CFO & Secretary Conference Call Participants Sean McGowan - ROTH Capital Partners Operator Good morning, and welcome to Reed's Fourth Quarter and Full Year 2024 Earnings Conference Call for the three months and 12 months ended December 31, 2024. My name is Joelle, and I will be your conference call operator for today.
seekingalpha.com
- 1 month ago
Reed's Reports Fourth Quarter and Full Year 2024 Results
Management to Host Conference Call Tomorrow at 8:30 a.m. Eastern Time Management to Host Conference Call Tomorrow at 8:30 a.m. Eastern Time
globenewswire.com
- 1 month ago
Reed's Schedules Fourth Quarter and Full Year 2024 Conference Call for March 26 at 8:30 a.m. ET
NORWALK, Conn., March 12, 2025 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, will host a conference call on Wednesday, March 26, 2025 at 8:30 a.m. Eastern time to discuss its financial results for the three and twelve months ended December 31, 2024. The Company's results will be reported in a press release prior to the call.
globenewswire.com
- 1 month ago
Reed's Announces Leadership Updates
NORWALK, Conn., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, today announced key leadership changes, effective February 10, 2025, to bolster its executive team and reinforce its operational foundation. Douglas McCurdy has been appointed to Chief Financial Officer (“CFO”), succeeding Joann Tinnelly, who will transition to Chief Accounting Officer (“CAO”). Additionally, Reed's has appointed Salvatore Vassallo as Vice President of Operations.
globenewswire.com
- 2 months ago
Reed's Announces Closing of $10.0 Million Private Placement
NORWALK, Conn., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, today announced the closing of a securities purchase agreement for a private investment in public equity (“PIPE”) financing. The transaction, which closed on December 30, 2024, generated gross proceeds of $10 million.
globenewswire.com
- 3 months ago
Here's Why Reeds (REED) Is a Great 'Buy the Bottom' Stock Now
Reeds (REED) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
zacks.com
- 5 months ago
Reed's to Participate at the Sidoti Conference on December 4
NORWALK, Conn., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, today announced its management team will participate in the upcoming Sidoti Conference being held virtually December 4-5, 2024.
globenewswire.com
- 5 months ago
Reed, Inc. (REED) Q3 2024 Earnings Call Transcript
Reed, Inc. (OTCQX:REED) Q3 2024 Earnings Conference Call November 14, 2024 8:30 AM ET Company Participants Norman Snyder - CEO & Director Joann Tinnelly - CFO & Secretary Conference Call Participants Sean McGowan - ROTH Capital Partners Operator Good morning, and welcome to Reed's Third Quarter 2024 Earnings Conference Call for the 3 months ended September 30, 2024. My name is Angeline, and I will be your conference call operator for today.
seekingalpha.com
- 5 months ago
8. Profile
Summary
Reed's, Inc. REED
COUNTRY
US
INDUSTRY
Beverages - Non-Alcoholic
MARKET CAP
$ 76.7 M
Dividend Yield
0.00%
Description
Reed's, Inc. engages in the manufacture and distribution of natural hand-crafted beverages in the craft specialty foods industry in the United States, Canada, Asia, Europe, Australia, and South America. It offers Reed's craft ginger beers; Reed's real ginger ales; Reed's ready to drink products; Virgil's handcrafted sodas; ginger candy; and other ginger beverages under the Reed's brand. Reed's, Inc. sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars and restaurants through distributors and independent distributor partners, as well as direct to store distribution. It also exports its products to France, the United Kingdom, South Africa, the Caribbean, Canada, Spain, the Philippines, Israel, Australia, Asia, rest of Europe, and South America. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. Reed's, Inc. was founded in 1987 and is headquartered in Norwalk, Connecticut.
Contact
201 Merritt 7 Corporate Park, Norwalk, CT, 06851
https://drinkreeds.com
IPO
Date
Dec. 29, 2006
Employees
24
Officers
Mr. Douglas W. McCurdy
Chief Financial Officer
Mr. Salvatore Vassallo
Vice President of Operations
Mr. Philip T. Trotman
Director of Marketing
Mr. Christopher J. Reed
Founder